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20120925
20121003
Search Results 0 to 6 of about 7 (some duplicates have been removed)
solutions, and people lost confidence that the government knew what it was doing. they let one fail, they'd bail out another one, they'd let another one fail, back and forth. what's the policy? and so i think the crisis was terribly mishandled by secretary paulson is and the others involved in it. cheryl: i will say oneover the things, william, that he did do and, frankly, i've been on the air saying i thought it was the right move, letting lehman go, almost making that example of lehman brothers, putting the banks on notice, we're not going to be downtown at the new york fed negotiating last minute deals on sunday nights to save your behinds, basically. that was a pretty bold move by paulson. you wouldn't have done that same move that he made five years ago in. >> no, i think that when you're, when you have a crisis, the first obligation the government has is to calm the crisis, do whatever it takes to calm the crisis. and that's what we did in the 1980s. i would tell you, cheryl, the 1980s was far more threatening to the financial system and the economy than this episode in 2008. we act
by the federal government but you need accountability and measurement and you point out things that are accepted and all other circles, in business, are still controversial in education and the status quo continues to be protected and as you raise expectations you're going to get pushback. what happened in chicago, governor, did the good guys win there in terms of getting accountability or did the, once again did we have to sort of fold for this status quo? >> i think at the end of the day the only measurement that matters are whether kids, students in chicago are getting a year's worth of knowledge in a year's time and at the end, the expectations are high enough, the standards are real enough that they can live an independent life. so it's hard to tell whether this agreement will yield that. i think chicago has an adult centered system completely focused on the economic interests of the adults. the whole shift needs to be about how kids can gain the power of knowledge. we're losing social mobility now. if you live in poverty the chances are you'll stay in poverty and that's shameful for a coun
we have a massive deficit of trillion a year. he has raised government spending the latestleast of modern presidents. but he raised it 23. look at pure obama areas, he is the biggest spending since president truman. >> steve: what is interesting george bush 3.2. spending up 3.2. over lap bush and obama 10 percent . the cure obama years. 10-13. that is 23 percent increase. >> steve: why didn't you make that available to people of 60 minutes. >> would they have use today? i don't think so. >> brian: it was carried over with interest. and he's only responsible for 10 percent of the deficit that is being pened on him. >> you can juggle around the numbers all you like. he said it was the bush tax cuts that created the deficits we have today. i disagree with that. those tax cuts are 10 years old . when they were put in place in 01 and 02 revenues to the overnment and treasurel went straight up and allow us to cut your deficit to scen billion. >> gretchen: he approved the bush tax cuts. >> he approved them two years ago. >> steve: we don't have a tax problem but washington has a spendi
: google is working on one, and the federal government is sponsoring a field test in ann arbor, michigan, with cars that automatically swerve past potential accidents and alert you to oncoming hazards. and now this at general motors' test track, i sat in the driver's seat as this cadillac at high speeds stayed in its lane. at 60 miles an hour it stopped on its own even when a car driving 30 miles slower pulled in front of us. >> we can foresee the day when vehicles will be able to completely avoid a collision. >> reporter: it's been a carmaker's dream since george jetson asset in his automated flying car. >> the vehicle can take complete control and take you to your destination in comfort, safety, and security. >> reporter: this prototype called super cruise uses radars, cameras, and gps to drive itself. hand are off the steering wheel. feet are off the pedals. i can look away. don't do this at home. >> reporter: at any time the driver can take back control. but on the highway when driving is the least fun and humans are easily distracted, super cruise can safely navy gate the hazards. >
the u.s. government over the military's treatment of rape victims. the federal lawsuit filed in san francisco alleges the military doesn't do enough to prosecute service members w40 commit rape. victims also say they experienced retaliation and harassment for reporting assaults. >> i know it's really hard to speak up, especially if you're still in the military. but you aren't alone. and we're fighting for you. >> the defense department estimates 19,000 sexual assaults occurred in the armed forces last year. about 240 cases were prosecuted. >>> governor jerry brown says he is making sure there is moreover sight of the calf national guard. he sign -- california national guard. he signed a bill cracking down on misconduct. he will appoint an inspector general with far greater authority to investigate fraud complaints. there have been allegations of financial misdealings and improper pay for generals. the new law also provides more protections for whistle blowers reporting abuses in the guard. >>> travis air force base could soon become more green. officials are talking to a french comp
Search Results 0 to 6 of about 7 (some duplicates have been removed)